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Aave Faces Potential Losses of Up to $230 Million Following Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of losing up to $230 million, depending on the resolution of the situation. The incident, as reported by Aave Labs and LlamaRisk, involves rsETH, a liquid restaking token issued by KelpDAO, which relies on a bridge mechanism to move tokens between blockchains. An attacker manipulated this setup by creating…
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential $230 Million Loss Following Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of losing up to $230 million, with the final outcome contingent upon the resolution of the situation. According to a report published by Aave Labs and LlamaRisk on the Aave governance forum, the incident centers on rsETH, a liquid restaking token issued by KelpDAO, which relies on a bridge mechanism to tra…
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential Losses of Up to $230 Million Following Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of losing up to $230 million, contingent upon the resolution of the situation. According to a report published by Aave Labs and LlamaRisk on the Aave governance forum, the incident revolves around rsETH, a liquid restaking token issued by KelpDAO, which relies on a bridge mechanism to transfer tokens betwe…
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential Losses of Up to $230 Million Following Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put Aave, a lending protocol, at risk of losing up to $230 million, depending on the outcome. The incident revolves around rsETH, a liquid restaking token issued by KelpDAO, which relies on a bridge mechanism to move tokens between blockchains. An attacker manipulated this setup by creating a fake transfer message, resulting in the release…
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential Losses of Up to $230 Million Following Kelp DAO Bridge Exploit
A recent exploit targeting the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of incurring significant losses, potentially up to $230 million, contingent upon the resolution of the situation. The incident, detailed in a report by Aave Labs and LlamaRisk, revolves around rsETH, a liquid restaking token issued by KelpDAO, which utilizes a bridge mechanism to transfer tokens bet…
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential Losses of Up to $230 Million Following Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of losing up to $230 million, depending on the outcome of the situation. The incident involved the manipulation of rsETH, a liquid restaking token issued by KelpDAO, which is used to move assets between blockchains. An attacker took advantage of a weakness in the bridge mechanism, creating new tokens witho…
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential Losses of Up to $230 Million Due to Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of losing up to $230 million, contingent upon the resolution of the situation. According to a report by Aave Labs and LlamaRisk, the incident involves rsETH, a liquid restaking token issued by KelpDAO, which uses a bridge mechanism to transfer tokens between blockchains. An attacker manipulated this setup …
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential Losses of Up to $230 Million Following Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of suffering losses of up to $230 million. According to a report by Aave Labs and LlamaRisk, the incident involved the manipulation of rsETH, a liquid restaking token issued by KelpDAO, which is used to move assets between blockchains via a bridge mechanism. An attacker forged a transfer message, resulting…
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential Losses of Up to $230 Million Following Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of losses of up to $230 million, contingent upon the resolution of the situation. According to a report published by Aave Labs and LlamaRisk on the Aave governance forum, the incident revolves around rsETH, a liquid restaking token issued by KelpDAO. The protocol utilizes a bridge mechanism to transfer rsE…
April 20, 2026, 9:03 p.m.
Tech
Aave Faces Potential Losses of Up to $230 Million Following Kelp DAO Bridge Exploit
A recent exploit of the Kelp DAO and LayerZero bridge has put lending protocol Aave at risk of losing up to $230 million, depending on the resolution of the situation. The incident revolves around rsETH, a liquid restaking token issued by KelpDAO, which relies on a bridge mechanism to transfer tokens between blockchains. An attacker manipulated this setup by creating a forged transfer message, re…
April 20, 2026, 9:03 p.m.